Showing posts with label Iceland. Show all posts
Showing posts with label Iceland. Show all posts

Tuesday, December 31, 2013

Media ignored Iceland's people's revolution

(HT: Valery).  This summary of the little-known peaceful revolution in Iceland is must-read material for anybody fed up with bailed-out Wall Street banks behaving badly, and the rich corporations and wealthy donors that own our media and buy our politicians.

This gives us hope that People Power can prevail, if we are united, determined and won't take "No" for an answer!


By Joe Martino
January 11, 2013 | Collective Evolution

Monday, September 9, 2013

Austerity kills

"Austerity was designed to shrink debts. Now, three years after Europe's budget-cutting began, the evidence is in: severe, indiscriminate austerity is not part of the solution, but part of the problem -- and its human costs are devastating."


Saturday, June 11, 2011

Black: Ireland and Iceland were models to follow?

Black asks if anybody cares to remember how Ireland and Iceland were trotted out by EU and US neo-liberals as great successes to follow in their deregulation, privatization of public assets, and budget cuts, particularly to the social safety net.

And yet budget surpluses and supply-side growth didn't save Iceland or Ireland from the financial crisis.


ECB President Trichet Praised Ireland as the Model for the EU to Follow
By William K. Black
June 7, 2011 | New Economic Perspectives